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pickupchik [31]
3 years ago
5

If the simple annual interest rate on a loan is 6, what is the interest rate in percentage per month?

Mathematics
1 answer:
zzz [600]3 years ago
4 0

Answer:

0.5 %  

Step-by-step explanation:

 Annual rate = 6 %/yr

Monthly rate = ¹/₁₂ × 6 = 0.5 %/mo

If you invested $100 at 6 % annual simple interest, you would have <em>$106 </em>at the end of the year.

Simple interest is calculated only on the principal.

If the interest were calculated at 0.5 % monthly simple interest, you would get $0.50 at the end of each month. At the end of 12 mo, you would have <em>$106. </em>

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dusya [7]

Answer:

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Step-by-step explanation:

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I need help with this problem
alexandr402 [8]

Answer:

4*x^4*y^22

Step-by-step explanation:

Your goal here is to REDUCE the given expression to simplest terms.

One way in which to approach this problem would be to rewrite (2x^2y^10)^3 as:  (2x^2*y^8)*y^2*(2x^2*y^10)^2.

Dividing this rewritten expression by 2x^2*y^8 results in:

y^2(2x^2*y^10)^2.

We now need to raise (2x^2*y^10) to the power 2.  Doing this, we get:

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Multiply this by y^2 (see above):

y^2*4x^4*y^20

The first factor is 4:  4y^2*x^4*y^20.  This is followed by the product of y^2 and y^20:                   4*y^22*x^4

Finally, this should be re-written as

                                    4*x^4*y^22

Another way of doing this problem would involve expanding the numerator fully and then cancelling out like factors:

8*x^6*y^30      4*x^4*y^22

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  2x^2y^8                  1

7 0
3 years ago
What is 145.4 - 140.02 ?
Assoli18 [71]

Answer:

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Step-by-step explanation:

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Two counters are selected at random from a bag containing 5 red counters and 3 blue counters.
azamat

Answer:

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6 0
3 years ago
I turned it in and it says we got one wrong(out of those blanks). I've checked over it several times but I can't figure out whic
Colt1911 [192]

Answer:

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